Cybersecurity is a Business Decision

Several CISOs have said that their cybersecurity budget comes from the ROI and contribution it adds to the business. Making sure the business is secure while creating growth and profit is what makes cybersecurity a business decision.

Garmin Hit by 4-Day Ransomware Attack

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The navigation company became the victim of a ransomware attack on Thursday. The attack left many Garmin systems offline, including fitness apps, aircraft navigation systems, and customer service centers. Garmin factories even had to close production lines.

Why One Data Breach Can Lead to More Cyber Attacks

Data leaks that occur today may not even be harmful for years to come. With personal information being sold, traded, and bought all over the dark web, long term security issues can emerge. Private information gathered throughout the next 5 years could help cyberattack hold an entire business network hostage.

Outdated Budgets are a Threat to Business Cybersecurity

Cybersecurity budgets are usually the first to get cut, even in a pandemic when phishing attacks have increased more than 600%. One of the biggest issues that companies are facing is the lack of funds for an up-to-date cybersecurity team/program.

Hackers are Selling Your Data to the Highest Bidder

Researchers at a cyber security company have published a report that shares the details of these dark web data auctions. Once the data is put up for auction, anyone with dark web access can bid on it. No identity proof is required, only a simple CAPTCHA checkpoint. The highest bid must be paid in cryptocurrency, which is untraceable.

What a Cyber Attack on the Energy Sector Could Mean

A cyber-attack targeting a major power grid could completely shut down an entire economy. The attack could be so widespread that it could knock out the power for many large cities, resulting in disastrous damages.

Over 100 Law Firms Report Data Breaches

There have been more than 100 law firms that have reported data breaches since 2014. Since about 20 states do not require that law firms report data breaches, that number is definitely higher. Most of the reported breaches occurred through phishing attacks, with some through hacking or security lapses.

Android Faces New Security Threat, Malware That Spreads Itself

There is a new type of malware that has recently appeared on Android phones throughout the world. The malware can steal personal information, bank details, and can read your text messages. Once the phone is infected, it uses the users contact list to spread itself through text messaging.

There are 15 Billion Stolen Logins on the Dark Web

After auditing dark web forums and marketplaces for 18 months, the report found a 300% increase in the number of stolen account logins since 2018. Now there are 15 billion stolen usernames and passwords from over 100 thousand data breaches.

Number of Coronavirus-Related Scams Jump

These cyber threats are both foreign groups trying to steal coronavirus related information and cybercriminals trying to exploit users working from home. Health agencies have reported an increase in cyber threats as well, as they are a very profitable target for cyber criminals.

Hackers Selling Stolen Customer Information Online

The stolen data includes information on employee and customers, first and last names, emails and usernames, and hashed passwords. In other words, a fortunes worth of information for a hacking group.

Ransomware is Getting Worse

Businesses have become a more valuable target for cybercriminals who are looking for a bigger payout. Cybersecurity experts say that ransomware will only become a larger threat in the future.